# China to raise dollar and euro weightings in key yuan index basket

> The China Foreign Exchange Trade System will raise the US dollar's weighting in its CFETS currency basket to 19.88% from 18.79% starting January 1. The euro's weighting will rise to 18.45% from 18.15%.

- Date: 2021-12-31 · published 2021-12-31T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/43815-china-to-raise-dollar-and-euro-weightings-in-key-yuan-index-basket
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The basket change is a technical adjustment to the yuan's reference index and is unlikely to move grain or oilseed prices directly. It may slightly shift how the PBOC manages the yuan against major currencies.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-12-31 | [China to lower dollar, euro and yen weightings in CFETS yuan basket in 2025](https://feedsoft.ai/events/27166-china-to-lower-dollar-euro-and-yen-weightings-in-cfets-yuan-basket-in-2025.md) | +0.4% | -0.8% |
| USDCNY | 2017-01-01 | [China tweaks yuan basket to play down US dollar \| South China Morning Post](https://feedsoft.ai/events/73191-china-tweaks-yuan-basket-to-play-down-us-dollar-south-china-morning-post.md) | -0.1% | -1.0% |
| USDCNY | 2026-03-15 | [China encourages dollar buying to slow surging yuan](https://feedsoft.ai/events/11466-china-encourages-dollar-buying-to-slow-surging-yuan.md) | -0.2% | -1.0% |
| USDCNY | 2026-02-27 | [China encourages dollar buying to slow surging yuan \| Reuters](https://feedsoft.ai/events/7895-china-encourages-dollar-buying-to-slow-surging-yuan-reuters.md) | +0.7% | +1.0% |
| USDCNY | 2022-04-27 | [China economy: Central bank tries to slow weakening yuan vs US dollar](https://feedsoft.ai/events/4947-china-economy-central-bank-tries-to-slow-weakening-yuan-vs-us-dollar.md) | +0.8% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/china-raise-dollar-euro-weightings-key-yuan-index-basket-2021-12-31/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.